KAUST INNOVATION FUND is a university venture fund that makes seed and early growth venture capital investments in deep tech transactions. The firm focuses on energy, water, food, ICT and healthcare. As an open ended fund which invests from the balance sheet of the university the firm prioritizes transactions coming out of the KAUST research elements. However the firm tends to look opportunistically for spin-ins that are interested in leveraging off KAUST advanced research infrastructure and access to the Saudi Arabian market. The firm is based in Thuwal, Saudi Arabia.